This is what it actually says I quote. Tranche 2 funding is the final step towards funding the execution of the Company’s Stage 1 Development and the Feasibility Study for Stage 2; so there isn't any money for stage two / only the money for feasibility study thereof / there will be more money needed / I'm assuming more dilution ) hey this is awesome more if the s same but different
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Ann: US$42 Million Term Loan Receives Mercuria Credit Approval, page-12
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